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Home My WebLink About1315 ~ 1 . , TO ~IKf contin~ously kelp on tM buildinps now w M?~aftM sitwt~ on s+id lu?d ~nd on all equipment ~nd p~rsor+~lly cov~red by this mort~ +y~, with ~II premivms ~hereon paid in full, fir~ ins~ranu in th~ viusl standard polity form, ie? • sum ~pproved by ?Fw MORTGAGEE, ~nd windttwm ini~raoc~ in ~he uswt sunda.d policy fwm, i~ a:um approv~d by ~h~ MORTGAGtE, in such compa~y or companies u the MORTGAGEE m+y directp ~nd al) tir~ and wi~dstwm insuranc~ policiet an ~ny of said buildirqs, any iMerosl tharein w part thaeo~, in tM +~pre~~te wm ~fueaid w In ~xcess tlxreof, shall contsi~ the ~sual itandud matyage~ tl~use q tud? otM~ tbuss ss tM Matyaqee may requirs, makinp the loss under ~aid poli~ cIN, each and every, piyabls ro said MORTGAGEE ~s ib i~terest may ~~ar, ~~d each and every iuch poliq shall b~ promptly ats:gnrd and delivercd to any held by said MORiGAGEE ~s furthK security to said mort9a~ debt, snd, ~ot leu tMn ten (10) days 1:? advance of th~ expiratian of esch poticy, ro d~- livet fo said MORTGAGEE a renewal thereof, toyethe~ with a receipt fw the prsmium of wch renewsl; and the~e shall be ~o f'a~ o? windstorm intvr~nce ~ pl~ced on ~oy of iaid bvildinps. ~ny interest therein or put thereof, vnlsu i~ the fo~m and with the i.us p~y+ble at afaesaid; and in tM ewnt any tuen of moe+ey becomes peyable w~der iuch policy or policies said MORiGAGEE ~hatt Mvs the option ro receire and spply the ssme on account of ths indebted Mu setwed hersby or fo permit said MORTGAGORS fo tKeive ~od vu it or ~ny part thereof fa other purposes, without thereb~ waiving w~mpai~- ing u?y puity, lien or rght unde~ or by virtw of this mo:tpaye; u+d i~ the event ta~d MORTGAGQRS shall fw sny reason faii to keep the isid premi:es ~ insu~ed, w fiil ro deliva promptty ~ny of said policies of inswance to sa;d MORTGAG'eE, w fail promptty to pay fully any premium therefor o~ in any ~espect f~il ro per(orrty dischuge, ~xecute, eff~d, comptete, comply with ~nd ~bide by this covenant, w a~y part herwf, ssid MORTGAGEE may place ~nd paY fw wch inwranc~ w any part thereof without waivinp w aHeciinp ~ny option, lien, equity, w right vnder a by virtue of ~his MortQap~, and tht full amount of eaci? ~nd ev~ry auch payment shall b~ ;mmedi+tely dw snd wysble s~d shall bear interest from ths date thereof until paid at tt?~ ~at~ ol n~ne pa+ tentum per annum and together wilh tuch intcrest shall be secured by fha lien of this rtqrfgage. I. To permit, oommit w suffx no waite, impa'umeM or deterioration of said property or ~~y pat thereof. 5. To psy aU ~nd sinpulu ths coits, cFarges ~nd expenses, includirg a rcasonable attaney~ fee and cosq of abstracts of title, incurred or paid al any time by said MORTGAGfE, beca~se a in the eveM of ths failure on the part of the uid MORTGAGOR to duly, promptly and fully perform, dixharge, execu~~, eifecf, complet~, comply with ar+d ab~de by each and every the uipvla~~ons, agreements, conditions, and cove~anrs of said promissory note and thi~ mortysye any w eitMsr. and sa+d cwn, chuges and expenses, each and ev~ry, shall be immediatety due and payable; whether or not thert be notice d~ mand, attempt to collect or wit per?d~ng; and tha full smouM of each and every s~ch paymtM shall bear interest from Ihe date thereof until p~id ~t tF~e rate of ni~e per tentum per eruwm; and alt said costs, ch~rys's and expenui incw~ed or paid, logethar w~th sutl? interest. shall be sKUred by 1Fa fien of this mw~ys9e. 6. Thaf (s) in the event of any breach of this Mortgsg~ w defavh on the pa?t of the MORTGAGOR, w(b) in tF~e event any of said wms of money herein referred to be not promptly and fully paid within thirfy (30) days nexl after the same severatty become dve and payable, withovt demand w notice, or (c) in tlx evem each anJ every the stipulations, ag~eeme~n, condiiions and covenants of sa~d promissory note and th~s mortgage any w ei~her are oot ! iufy, promptty and fully perforn?ed, diuharged, exetutad, effeded, tompleteJ, complied with and ebided by, theo in either or any such ev~nt the said a¢ ' gregate wm mentioned i~ said promissory note then remaininp unpaid, wi~h iMerest accrued, and all moneys secvred hereby, shalt become dw and p~y~ eble futhwith, or the~eafter, at the oprion of said MORTGAGEE, aa fvlly and comple~ely as if a11 of the said wrRS of money were or~ginally stipulated to be paid on such day, anylhing in ssid promissory oote or in this Mortgage fo rhe contrary notwithstanding; and ~herevpon a lheresfte~ at the option of said MORtGAGEE, without notice a demand, suit at law w i~ equity, therefors or thereafter begun, may be prosecuted as if all moneys secvred hereby had matured prior fo ib institution. ~ 7. That in the event thst at the beginning of or at any time pending sny suit upon fhis 1Nwtgsge, or ro fcrEClose it, or to refo?m it, o? to ertfwte ~ payrrKnt of any claims hereundrr, sa~d MORTGAGEE shatl apply to the Court ha~ing jurisdrction thereof for the appointmcnt of a Receiver, :uch Coun shall i forthwith appoint a receiver of said mortgaged property all and sinyulsr, inclvd~ng aIl arxl singular the income, p?ofits, issues and revenves from whatever source derived, each end every of which, it being cxp~euly understood, is hereby morrgac~ed as if spec;fically set iwth and desuibed in the pranting and halxndum clauses hereof, and such Rcceiver shall have all the broad and effective funct~ons and powcrs in anywise entrusted by a Court to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of abwfute right to said MORIGAGfE, and witho~t ~efe~ence to ths adequscy or inadequacy of the vaiue of tF?e property mortgaged or to the solve~cy or insolvency of said MORTGAGOR p the defendants, and that such rents, profits, irxome, iuues and rer•enues shall be applied by such Receiver accwding to the lien or equity of said MORTGAGEE and the practice of such Cour4 • 8. lo duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stiputations, agreemenp, _ ; conditiora and covenants in sa~d promisswy note and this mortgage ut forth. 9. That in the event the owrecrship of the mortgayed premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, tfie MORiGAGEE, irs sutcessors and assigns, may, withouf nptite to the MpRTGAOR, deal with svch sutcessw w successor in interest with refere~ce to thia mortgs9e snd the debt hercby secured i~ the same manner as wilh Mortgagu wilhout in ~ny way vit;ating w diuharging tha Mortpayors' 1'Nbility here- ~ under or upo~ the debt hereby secured. No sale of the prcmises hereby mortgaged and no fwbearance on the pan of the MORIGAGEF w ib successon ~ or assigns and no extension of the time fw the paymeM of the deb~ hereby secu~ed 9iven by the MORTGAGEf or its tuccessors or auigns, shall operate ~o release, d~scharge, modify change or affect the wginal lisb:lity of the IMI~RiGAGOR herein, either in whok or in part. _ 10. It is specificatly agrced that time is of the esse~ce of this contract and that no waiver of a:+y obligation hereuader or of ths oWigation se- cured he~eby shall ~t any time thereafter be held to be a waiver of the tierms hereof or of the instrument secured herby. I1. In add~t~on to the forego:ng monthly payments of princ pal and interest requ~red by the promissory rwre sccured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment en add~rional sum estima?ed by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ing: A-Alt real property taxes levied or asussed against the above deuribed real estate_ B-Frem~ums on (ire ar~d windstorm insurance as herein requ~red to be carried on the imaroveme~ts s~tuate on the above described premises_ C-Premiums on such mortgage guaranty insurance as mwtgagee sF?all from rime to time deem fit to carry on tFie loan secured heteby. Mortgagee shati from lime to tirrk norify mortgagor in writi~q of the amount due and payable hereunder and such sum shall ihereupon be due and payable on the due date of the next monthty payment and each successive month thereafter urtil mortgagee shall not;fy mortgagor of a change in suth amount. $uch s~ms shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance premiums- IN WITNESS VV~IEREQF, the said MORTGAGOR has hereunto xt his hand and s day and year first afwesaid. S~gn Sea?ed an deli~ r in ~~.~e or: F~LED AND RECORD~~ ; ST. LUCIE COUNTY. FLA. ` ~ ~ _ ~~~•~1!%n~ P•~;,~ ~EOj i'7c~ 1 ` ~'n ~ ~--n ,~1 ~ ~ 0 ° ~5ealj i This instruaent rerecoYded c~l~~wi~ l~td equirs~nts of the Scrivoaer's Act STATE OF FLORIDA ~ di ata~uded b Ct~OA 695 ~ 24 Of t~1~ p'LOr , COUNTY OF - St_ _Lv~i /~LL~ ' ~ ~ K ~+S $L Ztlitlf • ' Befwe ms penonally appeared Charles H. N4ZV~d~ig~Q.T rn??RT; ~ .~d ~ Dolores D. M1tCtlBl.l C~- his wife, to me well known and known to me to b~ rhe ind;vidwls described in a~d who execvted thv foreyoirg initrument. and ackrwN,ledgcd befae me tha! they execured t}u same fw the purposes there+n sxP.~d. a~d r~+e s~~ Dolores D. I~iitchell ~ W;~~ of ,M s~~d Charles H. Mitchell ' exam~naiwn b me taken se pa ~Pa+ • sep+~ate ~nd privat~ Y parate and a rt from her said husbsnd, ecknowledged to and befwe me that she executed said ins:rument freely and volun- tarily and without any computsion, constraint, app?elrension, fear of or from her said husband. WITNESS my hand and official sea! thi dsy of A. D. 19~2_ This instrusant prepasQd by J~,mes D. Chastain F1ZSt F~rsl Ss~vinfls alK~ Z,Oall Notary Public in and for the State of Fbrida at 4r~e My Commission~ex~es:~. ~ttQ 0~ Flpf1~ it V? Asaociation Q~f,,,~r~t Pierce, FZorida t.~•a A? Fint Federal Savings 3 losn Asaociation ~ ~ . • +~r ~ ~ ' Of Fort Pierce. ~ ~y ~ ~ ~1969 _ 0 ~ ~ ~ Forf Pierte, F~o«da - • FILEO AND RECOf? ` ' " ST~Rf CORD VuR FYEOLA:. This I~strument Prepared 8y i~g361 First Federal Savings b Loan Associafii~n:••,,, . s ~ ' ~ of Fort Pierce ~ ~ ~ ~ ~ ~ ' ~69 JUN ' , ~ ~O ~ Checked By J. Chastain t;!~ 0 R FtOGE r Oi i RAS 80~K ~ CLERK CIRCUIT COURT~ ~ f, ~ f BOOK 1 e O PAGE~~~~ cf ,y~ , . . i~ ~ . _ _ . s rYL^.:_ _ r ~ .v _ . _ F~- . . , . €